Situated on Yas Island, one of the world's leading business, leisure and entertainment
destinations, the development will include the only Warner Bros. branded hotel alongside
the immersive theme park.

The first phase of the project, Warner Bros. World Abu Dhabi, is set to open in 2018.
Construction is underway and rides are in production.

Warner Bros. World Abu Dhabi will bring together stories and characters from the
Studio's unparalleled portfolio of DC Comics Super Heroes universe including Batman,
Superman and Wonder Woman as well as Warner Bros. cartoons such as Bugs Bunny, Scooby-Doo
and Tom and Jerry. Guests of all ages will be able to step inside Gotham City and
Metropolis, and experience the cartoon worlds of Looney Tunes, Hanna-Barbera and more, all
under one roof.

Located alongside the world's first Ferrari branded theme park, Ferrari World Abu
Dhabi, and the iconic Emirati themed mega water park, Yas Waterworld, Warner Bros. World
Abu Dhabi will help Yas Island take its annual visitor tally from 25 million in 2015, to
30 million in 2018, reinforcing Yas Island's leading position as home to ultimate leisure
and entertainment experiences.

His Excellency Mohamed Khalifa Al Mubarak, Chairman, Miral, said: "It is incredibly
exciting to announce that we are bringing the iconic Warner Bros. brand to Yas Island.
Miral's investment in the Warner Bros. World Abu Dhabi theme park is estimated at 1
billion dollars and is a milestone in the emirate's journey to put Abu Dhabi on the global
map and become one of the world's leading tourist destinations.

"By meeting the global, regional and local demand for a world-class entertainment
destination, supported by an equally world-class travel and tourism infrastructure, we are
fulfilling our ambition to drive visitor numbers and enrich the UAE's appeal as a truly
international destination that appeals to both residents and travelling guests. Miral is
central to this development with a number of significant and exciting projects in the
pipeline," continued Al Mubarak.

Kevin Tsujihara, Chairman and CEO, Warner Bros. Entertainment commented, "Warner Bros.
has been entertaining audiences for more than 90 years with the world's most-loved
characters and franchises. Working with our partners at Miral, we'll bring this expertise
to Yas Island, one of the world's leading entertainment destinations, to create a
fully-interactive, innovative and unique experience that will allow fans of all ages to
experience the most exciting aspects of Warner Bros. in a completely immersive
environment."

Mohamed Abdullah Al Zaabi, CEO of Miral, said: "Yas Island will continue looking to
expand on its offerings for its visitors through strategic partnerships with world leading
organizations.

The Warner Bros. themed destination will be a major step in maintaining Yas Island's
momentum and is expected to create more than 1000 jobs for the Emirate. We at Miral are
very excited to see Warner Bros. World Abu Dhabi take shape over the coming months."

Warner Bros. Entertainment is a global leader in all forms of entertainment and their
related businesses across all current and emerging media and platforms. A Time Warner
Company, the fully integrated, broad-based studio is home to one of the most successful
collections of brands in the world and stands at the forefront of every aspect of the
entertainment industry from feature film, television and home entertainment production and
worldwide distribution to DVD, digital distribution, animation, comic books, video games,
product and brand licensing, international cinemas and broadcasting.